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Power Finance Corporation Ltd soars 2.75%, up for third straight session

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Power Finance Corporation Ltd is quoting at Rs 125, up 2.75% on the day as on 12:49 IST on the NSE. The stock is up 17.04% in last one year as compared to a 14.85% gain in NIFTY and a 26.44% gain in the Nifty Financial Services index.

Power Finance Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 125, up 2.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 12332.55. The Sensex is at 41884.47, up 0.68%. Power Finance Corporation Ltd has added around 8.98% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 1.64% in last one month and is currently quoting at 14609.65, up 0.3% on the day. The volume in the stock stood at 37.56 lakh shares today, compared to the daily average of 40.92 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 125.45, up 3.08% on the day. Power Finance Corporation Ltd is up 17.04% in last one year as compared to a 14.85% gain in NIFTY and a 26.44% gain in the Nifty Financial Services index.

The PE of the stock is 4.77 based on TTM earnings ending September 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 13 2020. 13:05 IST
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